Also there is a ‘Rising Wedge Chart Pattern’ chart formation is existing. The chart shows ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The pair is likely to go down.
The combination Polkadot/Tether (DOT/USDT) moves from the ascending trendline downwards
A bearish trend downwards to the next support at will persist.
Caution: A possible change in the direction of the resistance line at 4.673000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 5.120000000 |
| 2nd High | 4.682000000 |
| Next High | 4.673000000 |
| Current Price | 3.926000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
4.673000000 – 4.624000000 – 4.196000000 – 3.863000000 – 3.800000000 – 3.323000000 — 40.830913827279 – 37.150185187504
Trading Signals: CRYPTO – DOT – DOT/USDT – USDT – – Rising Wedge Chart Pattern –